Valencia Plan, Magnolia Ridge : Magnolia Ridge Venture,Noblesville,IN,46062

Investment Highlights

Rental property for sale in Noblesville at Valencia Plan, Magnolia Ridge: Magnolia Ridge Venture, Noblesville, IN, 46062 priced at $448,995 converts $3,452/mo rent into $756/mo cash flow after a $2,198/mo obligation. Total monthly income equals $3,452/mo, and annual cash flow totals $9,076/yr on $148,842 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.23% against a $448,995 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,049 by year five. Five-year ROI reaches 135.31% and total cumulative return in cash sums $201,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,452/mo property income covering a $2,198/mo payment, not borrower’s personal income.